Should Post Office Ditch Bank of Ireland?

adecor

Now that we 'own' some UK banks it got me thinking that they should be operating out of our Post Offices rather than the Bank of Ireland, which could help safeguard future closures.

cvd

My guess is that the Post Office went with the Bank of Ireland because they paid the largest commission.

dzug1

A lot of banks DO allow transactions through the Post Office already - Barclays. LTSB, Coop to name but a few.

opinions4u

cvd wrote: »

My guess is that the Post Office went with the Bank of Ireland because they paid the largest commission.

You cynic!

Spot on though.

At the end of the day they will have to honour their contractual obligations or pay a penalty to get out of the deal.